Creditors Approve Hawker Beechcraft Reorganization Plan | Aviation International News

Regulations and Government

Creditors Approve Hawker Beechcraft Reorganization Plan

By AIN Staff • AIN Staff

January 29, 2013

Hawker Beechcraft’s key creditors voted “overwhelmingly” on Friday to approve the Wichita-based aircraft manufacturer’s proposed joint plan of reorganization as part of its efforts to emerge from bankruptcy. JPMorgan Securities and Credit Suisse Securities will jointly structure, arrange and syndicate $600 million in exit financing for the post-bankruptcy standalone company, Beechcraft Corp.

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